Eris Lifesciences IPO vs Salasar Techno IPO

Comparision between Eris Lifesciences IPO and Salasar Techno IPO.

IPO Details

Eris Lifesciences IPO is a Mainline Fixed Price Issue IPO proposed to list at BSE, NSE while Salasar Techno IPO is a Mainline Fixed Price Issue proposed to list at BSE, NSE.

	Eris Lifesciences IPO	Salasar Techno IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Axis Capital Limited Citigroup Global Markets India Private Limited Credit Suisse Securities (India) Private Limited	Sarthi Capital Advisors Private Limited
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Eris Lifesciences IPO is up to ₹1,741.16 Cr whereas the issue size of the Salasar Techno IPO is up to ₹35.87 Cr. The final issue price of Eris Lifesciences IPO is ₹603.00 per share and of Salasar Techno IPO is ₹108.00 per share.

	Eris Lifesciences IPO	Salasar Techno IPO
Face Value	₹1 per share	₹10 per share
Issue Price (Lower)	₹600.00 per share
Issue Price (Upper)	₹603.00 per share
Issue Price (Final)	₹603.00 per share	₹108.00 per share
Discount (Retail)
Discount (Employee)	₹60.00 per share
Market Lot Size	24 shares	125 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size	2,88,75,000 shares
OFS Issue Size (Amount)
Issue Size Total	2,88,75,000 shares	33,21,000 shares
Issue Size Total (Amount)	up to ₹1,741.16 Cr	up to ₹35.87 Cr

IPO Timetable

Eris Lifesciences IPO opens on Jun 16, 2017, while Salasar Techno IPO opens on Jul 12, 2017. The closing date of Eris Lifesciences IPO and Salasar Techno IPO is Jun 20, 2017, and Jul 17, 2017, respectively.

	Eris Lifesciences IPO	Salasar Techno IPO
Anchor Bid Date
Issue Open	Jun 16, 2017	Jul 12, 2017
Issue Close	Jun 20, 2017	Jul 17, 2017
Basis Of Allotment (Tentative)	Jun 23, 2017
Initiation of Refunds (Tentative)	Jun 27, 2017
Credit of Share (Tentative)	Jun 28, 2017
Listing date (Tentative)	Jun 29, 2017
Anchor Lockin End date 1	Jul 23, 2017
Anchor Lockin End date 2	Sep 21, 2017

Financials

Eris Lifesciences IPO P/E ratio is , as compared to Salasar Techno IPO P/E ratio of .

Eris Lifesciences IPO

Salasar Techno IPO

Financial

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (in Rs. Million)
	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13	31-Mar-12
Total Assets	3,973.59	3,572.85	2,705.99	1,718.05	1,019.67
Total Revenue	5,970.21	5,455.58	5,088.22	3,930.64	2,739.40
Profit After Tax	1,348.58	892.59	709.12	584.40	370.63

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (in Rs. Million)
	30-Sep-16	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13	31-Mar-12
Total Assets	1,678.71	1,540.29	1,457.10	1,667.45	1,114.96	989.02
Total Revenue	1,472.79	2,768.14	2,761.20	2,452.23	1,675.12	1,069.75
Profit After Tax	75.39	102.00	46.13	54.99	30.47	64.62

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Eris Lifesciences IPO retail investors (RII) are offered 28,72,500 shares while in Salasar Techno IPO retail investors are offered 28,72,500 shares. Qualified institutional buyers (QIB) are offered 86,17,500 shares in Eris Lifesciences IPO and 0 shares in Salasar Techno IPO.

	Eris Lifesciences IPO	Salasar Techno IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	86,17,500 shares	0 shares
NII	43,08,750 shares	16,60,500 shares
RII	28,72,500 shares	16,60,500 shares
Employee	1,50,000 shares
Others
Total	1,59,48,750 shares	33,21,000 shares

Bids Received (Subscription)

Eris Lifesciences IPO subscribed 3.29x in total, whereas Salasar Techno IPO subscribed 273.05x.

	Eris Lifesciences IPO	Salasar Techno IPO
QIB (times)	4.68x	9,999.00x
NII (times)	0.45x	478.39x
Big NII (times)
Small NII (times)
RII (times)	3.51x	58.92x
Employee (times)	0.86x
Other (times)
Total (times)	3.29x	273.05x

Compare with others

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SiS IPO	Dixon IPO
Cochin Shipyard IPO	Bharat Road Network IPO
Salasar Techno IPO	Apex Frozen Foods IPO
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GTPL Hathway IPO	Cochin Shipyard IPO
Tejas Networks IPO	Au Financiers IPO
IndiGrid InvIT Fund	GTPL Hathway IPO
PSP Projects IPO	Eris Lifesciences IPO
IRB InvIT Fund IPO	Tejas Networks IPO
S Chand and Company IPO	IndiGrid InvIT Fund

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